Real Estate Market Update for 19610 (Reading, PA)
Welcome to February's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 1% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just over 250-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 1%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 180-thousand dollars. The number of units sold decreased 20% year-over-year, and increased 33% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 19610 (Reading, PA)
Area Information for 19610 (Reading, PA)
  • Population: 15,110
  • Median Age: 47.45 yr
  • Median Commute Time: 13.74 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 2,153/sq mi
  • Population Change Since 2000: 5.31%
  • Closest Airport: Lehigh Valley International
  • Closest College: Penn State Berks
  • Closest Jr. College: Berks Technical Institute
  • Median Household Income: $65,744
  • Annual Residential Turnover: 15.83%
  • Median Years in Residence: 4.53 yr
  • Median Home Sales Price: $176,000
  • Closest Major Sports Team: Reading Fightin Phils
  • Change Avg. Household Income Since 2000: 6%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 19610 (Reading, PA)
Median Age: 47.45 Married: 44% Number of Households: 6,379 Households with Children: 1,389
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 19610 (Reading, PA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Wyomissing Hills El Center 0.3 mi Public K-4 3-5 4
      Jewish Community Ctr Nur School 0.3 mi Private PRESCHOOL-PRESCHOOL 0 0
      Tutor Time Child Care/learning Center 0.4 mi Private PRESCHOOL-PRESCHOOL 0 0
      Wyomissing Institute Of Fine Arts 0.8 mi Catholic PRESCHOOL-K 0 0
      Spring Ridge El School 0.9 mi Public K-5 4 4
      Wyomissing Area Junior-senior High School 1.1 mi Public 7-12 4 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: and Onboard Informatics © 2015
      Local Weather for 19610 (Reading, PA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.